Taiwan Semiconductor Manufacturing Co. (TSMC) reported record monthly revenue of $16.35 billion for August, a 53.3% increase from the previous year and a 10.1% rise from July. The surge is driven by robust demand for chips used in artificial intelligence applications, keeping TSMC's advanced manufacturing capacity fully booked. TSMC continues to dominate the global foundry market with a 72.5% share and plans to adopt next-generation chipmaking technology with ASML starting in 2030 to meet growing AI needs. This strong performance highlights TSMC's critical role in the AI-driven semiconductor industry and its growth prospects.
AMD's stock rose 3% after CFO Jean Hu increased the AI chip market forecast to $2-3 trillion by 2030, up from a previous $2 trillion estimate. This bullish outlook is supported by strong growth in AMD's Data Center segment, which more than doubled re...
Taiwan Semiconductor Manufacturing Company (TSMC) remains a Buy as its Arizona operations transition from being a margin drag to a profit contributor, supported by strong pricing power and high utilization. Recent margin pressures are explained by mo...
Intel's stock rose 5% following a milestone of processing over one million wafers using advanced High-NA EUV technology from ASML, positioning Intel years ahead in chip manufacturing innovation. ASML and Taiwan Semiconductor also gained 3% amid stron...
Nvidia recently surpassed a $5 trillion market capitalization, driven by over 100% revenue growth and strong data center demand. Analysts see further upside, with a price target around $301, implying a 32.65% gain, fueled by the Vera Rubin product ra...
Canada has enacted retaliatory tariffs on $20 billion worth of U.S. goods, including steel, aluminum, dairy, and electronics, escalating an 18-month trade dispute. These tariffs range from 15% to 50% and affect key sectors, putting pressure on North ...
